No-Think Nation VI: Destroying the West with Political Correctness
By: Paul Craig Roberts|28 May, 2002|Categories: Articles & Columns|Tags: Correctness . Destroying . Nation . No-Think . Political . VI: . West
Sixth and final in a series on America’s imperiled future.[I, II, III, IV, V] Does democracy undermine a country’s future by shortening the time-preference of rulers? Does racial diversity produce conflict? Are America’s “two greatest strengths” in fact the country’s two greatest weaknesses? In an important new book, Democracy: The God That Failed political economist Hans Hermann Hoppe makes the…
Read more »No-Think Nation IV: Illegal Immigrant Damage Suit Typifies Law's Collapse
By: Paul Craig Roberts|14 May, 2002|Categories: Articles & Columns|Tags: no the legal system is not damaging the american economy
Fourth in a series on America’s imperiled future.[I, II, III, V, VI] Americans reassure themselves about their country’s competitive future by invoking the U.S. legal system. Americans think that they need not worry about corporations deserting the protection of the U.S. legal system merely to gain access to cheap labor abroad. Americans believe that cheap labor countries are legally undeveloped…
Read more »No-Think Nation III: Time Running Out for the Dollar?
By: Paul Craig Roberts|07 May, 2002|Categories: Articles & Columns|Tags: countless individuals . current account deficit . economic performance . gross domestic product . political stability . preferred currency
Third in a series on America’s imperiled future.[I, II, IV, V, VI] The U.S. current account deficit is running at an annual rate of 4% of Gross Domestic Product. That’s about $1 billion per day. For a number of years the large U.S. current account deficit has been accompanied by a strong dollar. Could the dollar’s strength be coming to…
Read more »Peter Bauer: A Dissenter on Development
By: Paul Craig Roberts|06 May, 2002|Categories: Articles & Columns|Tags: Peter bauer descent of development
One of the chilling facts about the 20th century West is how poorly champions of individual liberty have fared in free societies. They seldom receive state honors. Rarely are they celebrated in academia or the media. One of the 20th century’s great economists, Ludwig von Mises, a refugee from Hitler, could not get a university appointment in America. Mises said…
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